#BTC Dominance Decisive time coming by 31st March, Here's why!
Welcome to this brief Analysis of Bitcoin Dominance.
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
Bitcoin Dominance is getting rejected at the local resistance but does not take it as a confirmation for a possible alt season.
ALTS are still bearish IMHO. We can buy way cheaper but later. It pumped almost 4.18% since my last post and I expect more growth in Dominance for the next few weeks. Possibly till the end of this month.
When it hits the resistance, that will be the actual time to know whether the index will break or get rejected.
Currently, it's almost reaching the resistance better wait for the right time.
If you follow me you already saved a lot of your funds which was possibly stuck in many altcoins.
INVALIDATION: A daily close followed by a confirmation candle below the 21DMA and 50DMA will invalidate this chart.
What do you think?
Do let me know and hit the like button.
Thank you
#PEACE
Reasons to Follow me?
*9 Years in Trading!
*7 years in Crypto
*Certified Technical Analyst
*Record Holder of Most liked Bitcoin Chart on Tradingview.
*Consistent updates on Markets and Trade Setups
*No Bias
*All-time Top Author on various assets and index charts globally.
*Very Active Community during both bull and Bear Market
Let's get to the chart!
Bitcoin Dominance is getting rejected at the local resistance but does not take it as a confirmation for a possible alt season.
ALTS are still bearish IMHO. We can buy way cheaper but later. It pumped almost 4.18% since my last post and I expect more growth in Dominance for the next few weeks. Possibly till the end of this month.
When it hits the resistance, that will be the actual time to know whether the index will break or get rejected.
Currently, it's almost reaching the resistance better wait for the right time.
If you follow me you already saved a lot of your funds which was possibly stuck in many altcoins.
INVALIDATION: A daily close followed by a confirmation candle below the 21DMA and 50DMA will invalidate this chart.
What do you think?
Do let me know and hit the like button.
Thank you
#PEACE
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
MEXC : bit.ly/get9100usdt
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
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